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    At the CFAA Rental Housing Conference “Corporate Culture – Pull, Don’t Push” and “Data in Performance Evaluation” were presented by Randy Daiter (M&R Properties) and Colleen MacCarville (Killam REIT), respectively. Here are some key points to note and to take away from this topic include.

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  • Greystone Provides $79M FHA Loan for Michigan Portfolio

    The portfolio includes both market-rate and affordable housing communities that will be renovated using the funds. Most of the properties are owned by the Altman Cos.

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  • EdR Goes Into The Woods at Northern Michigan U

    Scheduled for completion in 2018, the $75.4 million public-private partnership will create 1,229 beds on the Upper Peninsula campus.

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    Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.

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    KTGY Architecture + Planning and EAH Housing have begun the construction of Estrella Vista, a $64 million, 86-unit, mixed-use development in Emeryville, Calif.

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    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

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  • JLL Closes 238-Unit TX Community Sale

    M-DW LP sold a 238-unit multifamily community in Galveston, Texas. Gulf Coast Kington Properties purchased the 15-building property, which includes one- and two-bedroom units.

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  • JV Completes SC Mixed-Use Student Housing

    The 706-bed community offers a mix of studios and two- to five-bedroom units averaging 1,116 square feet. Additionally, 114 Earle includes 7,000 square feet of retail space.

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    The Federal Open Market Committee did not increase the cost of borrowing at its latest meeting, citing positive expectations about the labor market, including solid job growth and a declining unemployment rate.

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    The $12.7 million loan will go into acquiring and upgrading a 144-unit community near Oakland University in Auburn Hills, Mich. The owners are Andover Real Estate Partners and M Group.

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